Welcome to Our Research Archive
Search and filter by content type, issue area, author, and keyword
November 6, 2024
Determinants of Industry Concentration and Dispersion
Abstract Given the political and public interest in rising industry concentration in developed economies, researchers have been working on uncovering underlying mechanisms and implications. Various causes of concentration have been proposed, although rarely tested in a comprehensive model. We study five distinct phenomena and their association with industry concentration: 1) Industry regulation, 2) mergers, 3)…
July 30, 2024
Observations on the Pomerleaus’ New Argument for a Carbon Tax
Summary My colleagues Kyle Pomerleau and Shuting Pomerleau propose a “carbon”(greenhouse gas emissions) tax as a fiscal tool with which to finance an extension of theindividual income tax reductions implemented in the 2017 Tax Cuts and Jobs Act. Theyargue that such a tax would improve aggregate economic efficiency, in particular byreducing the purported negative externalities…